Following Monday’s presidential debate, many traders are now more uncertain than ever which candidate will be the next president
and what that will mean for the economy and the stock market. With the November elections just weeks away, now may be the perfect
time to try to "election-proof" your portfolio.
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ETFs Can Help You Play Fed Rate Hike Decisions
First off, no investments anywhere are 100 percent risk-free, so there’s no way to completely election-proof your portfolio.
However, here are three strategies you can try.
1. Retail Stocks
The holiday season is typically strong for retail stocks, and Argus
recently listed Home Depot Inc (NYSE: HD),
Lowe’s Companies, Inc. (NYSE: LOW) and
Kroger Co (NYSE: KR) among its top
e-commerce-proof retail stock picks.
2. Gold
Gold is often seen as a “flight to safety” trade, and the precious metal has nearly zero correlation to the stock market in the
long term. The SPDR Gold Trust (ETF) (NYSE: GLD) is a popular option.
3. Dividends
The stock market goes up and down, but dividends paid by reliable blue chip companies are as close to a guarantee as you can
get. The ProShares S&P 500 Dividend Aristocrats ETF (NYSE: NOBL) offers diversified exposure to S&P 500 stocks that have increased their
dividends for at least 20 consecutive years.
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